Profile
Sector:
UtilitiesIndustry:
RenewableCountry:
United StatesIPO:
19 January 2022Website:
http://constellationenergy.comNext earnings report:
02 August 2024Last dividends:
29 May 2024Next dividends:
N/APrice
after hours | Wed, 03 Jul 2024 20:57:35 GMTAnalysts recommendations
Institutional Ownership
CEG Latest News
Constellation Energy's (CEG) high-quality nuclear fleet, rising earnings estimates and better-than-industry returns make it an ideal candidate for your portfolio.
We've all grown accustomed to the positivity surrounding the artificial intelligence frenzy, as the topic is in nearly every market headline.
The S&P 500 wraps up the first half with gains of 14%, representing one of the strongest performances since the late-1990s dot-com bubble.
Constellation Energy's stock has surged over the past year. The company has benefitted from the belief that AI will accelerate power demand.
While the broader market had its ups and downs in the first half of 2024, two utility stocks have defied expectations, delivering stellar returns and significantly outpacing their peers.
The alternative energy stocks should benefit from the booming electric vehicle market and rising wind generation amid the adverse impacts of rising wind turbine prices. You may buy CEG, TPL, NEP, CRGY & DEC.
Constellation Energy ( CEG ) is now a $70 billion generator and marketer of electricity throughout the Mid-Atlantic and Midwest after shares rallied 90% this year. My colleague Ben Rains, who runs the Zacks Alternative Energy Innovators portfolio, bought CEG in late January and his members are enjoying the bulk of those gains as nuclear power regains its stature and attracts capital for long-term energy development projects.
Zacks.com users have recently been watching Constellation Energy Corporation (CEG) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Constellation Energy Corporation (CEG) closed at $212.02 in the latest trading session, marking a -1.34% move from the prior day.
Constellation Energy (CEG), with its rising earnings estimates, stable ROE and regular dividend payment, is a good stock to accumulate in the alternate energy space.
What type of business is Constellation Energy?
Constellation Energy Corporation generates and sells electricity in the United States. The company operates through five segments: Mid-Atlantic, Midwest, New York, ERCOT, and Other Power Regions. It sells natural gas, renewable energy, and other energy-related products and services. The company has 32,400 megawatts of generating capacity consisting of nuclear, wind, solar, natural gas, and hydroelectric assets. It serves distribution utilities; municipalities; cooperatives; and commercial, industrial, governmental, and residential customers. The company was incorporated in 2021 and is headquartered in Baltimore, Maryland. Constellation Energy Corporation was formerly a subsidiary of Exelon Corporation.
What sector is Constellation Energy in?
Constellation Energy is in the Utilities sector
What industry is Constellation Energy in?
Constellation Energy is in the Renewable industry
What country is Constellation Energy from?
Constellation Energy is headquartered in United States
When did Constellation Energy go public?
Constellation Energy initial public offering (IPO) was on 19 January 2022
What is Constellation Energy website?
https://constellationenergy.com
Is Constellation Energy in the S&P 500?
Yes, Constellation Energy is included in the S&P 500 index
Is Constellation Energy in the NASDAQ 100?
Yes, Constellation Energy is included in the NASDAQ 100 index
Is Constellation Energy in the Dow Jones?
No, Constellation Energy is not included in the Dow Jones index
When does Constellation Energy report earnings?
The next expected earnings date for Constellation Energy is 02 August 2024